Tesla's stock experienced a significant sell-off after Elon Musk backpedaled on FSD promises, raising concerns about the company's premium valuation and future growth.
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Elon's Biggest FSD Lie Just Got Exposed
Apr 24, 2026
Ricky Gutierrez discusses Tesla's recent earnings call, highlighting Elon Musk's comments on Full Self-Driving (FSD) and its implications for investors. Despite beating earnings expectations, Tesla's stock saw a downturn due to Musk's admission that the HW3 chip cannot achieve unsupervised FSD and the company's plans for significant future investment, potentially leading to negative free cash flow. Gutierrez questions the stock's high valuation, especially as a car company, and the impact of broken promises on investor confidence.
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TSLAsell opened Apr 24, 2026
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